ETH trader buys back 1,674 Ether at $1,906 after repeated mistimed trades

An Ether trader has repurchased 1,674 ETH worth about $3.19 million at an average price of roughly $1,906, according to blockchain analytics account Lookonchain. The firm said the wallet has shown a long-running pattern of selling at lower prices and buying back at higher ones. Two months ago, the address held 1,891 ETH, but that balance has fallen to 1,674 ETH after frequent swing trades, reducing holdings by 217 ETH. At current prices, Lookonchain estimated the loss at about $414,000. The episode highlights a common crypto market risk: frequent trading can erode returns when volatility leads investors to repeatedly mistime entries and exits. Lookonchain concluded that, for this kind of trader, simply holding assets may sometimes work better than trading blindly.

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